Because he's the best player in the league and just won a title. Wait he's not the best and he didn't just win a title.
Oh yeah because the NBA salary cap went up and they've all gone fucking insane.
Mike Conley & Grizzlies have agreed in principle on 5-year, $153 million deal, league sources tell @ESPNSteinLine. pic.twitter.com/RJ5Q3PgkU7— SportsCenter (@SportsCenter) July 1, 2016